Should I pay off student loans or save money for my marriage?

Date: Tue, 10/27/2020 - 18:07

Submitted by Kristie
on Tue, 10/27/2020 - 18:07

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Total Replies: 2

Many people are suggesting me to pay off student loans even though the government is not pressurising me. I am saving money for may marriage in December. What should I do? I owe around $80,000 on student loans. So, what should I do?

Hello Kristie!

Hello Kristie!

I guess you have taken a federal student loan. Repaying a student loan is a long term process like a mortgage loan. But you cannot wait for a long time to get married. That is why my suggestion is first to concentrate on your marriage. You have merely 2 month's time for marriage preparation.

So, first of all, concentrate on your marriage. For student loan debt, talk to the student loan representative.

This can be an ideal strategy.

lrhall41

Submitted by Ryan Miller on Thu, 10/29/2020 - 00:19

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It is always better if you

It is always better if you can save a certain amount and don't splurge on your marriage.
Yes, you want to enjoy but won't it be better to have a better life after marriage than enjoying a lot and then remain stressed about paying back debt!

lrhall41

Submitted by Mabelle Page on Fri, 11/06/2020 - 07:25

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